Tobacco Caught in US-China Trade War

Tobacco products have been caught in the crossfire of the US-China trade war after theTrump administration’s latest tariffs on US$200 billion worth of Chinese goods which came into effect on September 24.

The tariffs will affect 5,745 Chinese goods, ranging from minerals used in manufacturing, to food, to clothing. Chinese tobacco products that will be subject to the tariff are listed as various types and preparations of tobacco, tobacco refuse, cigars, cigarettes, and smoking tobacco. All of the goods with face a 10% duty until the start of 2019, when the tariffs will jump to 25%.